Authorization

Newmont and Goldcorp Obtain Interim Order for Plan of Arrangement

Newmont
Mining Corporation (NYSE: NEM) (Newmont or the Company) and Goldcorp
Inc. (NYSE: GG, TSX: G) (Goldcorp) today announced that Goldcorp has
obtained an interim order from the Ontario Superior Court of Justice
(Commercial List) in connection with the previously announced statutory
arrangement for the acquisition by Newmont of all of the issued and
outstanding common shares of Goldcorp in exchange for 0.3280 of a share
of Newmont common stock and $0.02 in cash for each Goldcorp common share
in a transaction valued at approximately $10 billion as of the date of
announcement of the transaction. Receipt of the interim order allows
Goldcorp to hold its shareholder meeting on April 4, 2019 and is a
necessary step toward obtaining a final order from the Court that is a
condition to closing the acquisition.


The combination of the two companies will create an unmatched portfolio
of world-class operations, projects, Reserves, exploration
opportunities, and talent. On day one after the transaction closes,
which is expected in the second quarter, Newmont
Goldcorp will:





Be immediately value-accretive to Newmonta??s Net Asset Value and cash
flow per share;(1)






Generate an estimated $75 per ounce in Full Potential cost and
efficiency improvements, representing annual anticipated benefits of
approximately $165 million per year;(4)






Create a combined $265 million in expected annual pre-tax synergies
and Full Potential benefits representing value creation potential of
over $2.5 billion;(5)






Target 6-7 million ounces of steady-state gold production over a
decades-long time horizon;(1)






Have the largest gold Reserves and Resources in the gold sector,
including on a per share basis;






Be located in favorable mining jurisdictions and prolific gold
districts on four continents;






Deliver the highest dividend among senior gold producers;(2)






Offer financial flexibility and an investment-grade balance sheet to
advance the most promising projects generating a targeted Internal
Rate of Return of at least 15 percent;(1)(3)






Feature a deep bench of accomplished business leaders and
high-performing technical teams and other talent with extensive mining
industry experience; and






Maintain industry leadership in environmental, social and governance
performance.





About Newmont


Newmont is a leading gold and copper producer. The Companya??s operations
are primarily in the United States, Australia, Ghana, Peru and Suriname.
Newmont is the only gold producer listed in the S&P 500 Index and was
named the mining industry leader by the Dow Jones Sustainability World
Index in 2015, 2016, 2017 and 2018. The Company is an industry leader in
value creation, supported by its leading technical, environmental,
social and safety performance. Newmont was founded in 1921 and has been
publicly traded since 1925.
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